EURUSD now looks going to lowest price since 2015 (1.06000 area). Also this on monthly chart forming double/triple bottom pattern and we can see bullish from this area.
1.06000 area is strong resistance with many touches and return back to higher levels, and again drop. From this area target is 1.22100 but this is neckline of our double bottom if we look on monthly chart. For sure this is target, but if EURUSD reach this zone, we can go another long position with entry higher than neckline zone and look for 1.30000.
Also i entered short at 1.17500 ( for now 400+ pips on this trade ).
1.06000 area is strong resistance with many touches and return back to higher levels, and again drop. From this area target is 1.22100 but this is neckline of our double bottom if we look on monthly chart. For sure this is target, but if EURUSD reach this zone, we can go another long position with entry higher than neckline zone and look for 1.30000.
Also i entered short at 1.17500 ( for now 400+ pips on this trade ).